109th Festival of Stocks

Welcome to the October 6, 2008 edition of Festival of Stocks. This edition of the Festival of Stocks is coming to you live from New York City. I’m in New York to attend the Value Investing Congress, which I’ll be writing about throughout the week.

If you aren’t already familiar with my blog, Fat Pitch Financials, it is a value investing blog with a focus on wide moat companies selling at substantial discounts and Graham style workouts, which I call special situations. I encourage you to subscribe for free to my blog feed to keep up with my latest postings.

A High-Potential Health Care Investment posted at The Iconoclast Investor. Sequenom is branching out from its genetic analysis systems and is in the process of testing a new test for Down syndrome that can be done earlier in the pregnancy and less invasively. Recent tests showed a 100% accuracy for the test, and the market responded by pushing up the price of this stock.Stocks: SQNM

Thakral Corp : A cash bargain posted at Value Investor Haven. Thakral is a cash bargain and net-net stock which has fallen to a price of 4 cents oer share, a price low enough to warrant a closer study of its circunstances. However, this penny stock is burning through cash and warrents extreme caution.Stocks: THKCF

Stock Analysis: V.F. Corp. (VFC) posted at Dividends 4 Life. V.F. Corp is a global apparel company with leading shares in denim and daypacks. This analysis indicates that this stock may be one to avoid.Stocks: VFC

Quick Take – Conns (CONN) posted at MagicDiligence (sponsor of this month’s Value Investing News contest). “Conn’s is a regional appliance and electronics retailer. That’s a tough business with a lot of competition, but a focus on customer service and a profitable in-house credit department makes this a decent MFI play.”Stocks: CONN

Other Stock Topics

$50 Tradeking October Promotion posted at Blueprint for Financial Prosperity. Looking to switch brokers? Jim has the details associated with a $50 offer at TradeKing.

Book Club: Security Analysis posted at The Wealth Accumulator. Enoch is continuing Geoff Gannon’s group reading of Graham & Dodd’s classic, Security Analysis. I plan on joining this effort.

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That concludes this edition of the Festival of Stocks. Submit your blog article to the next edition of Festival of Stocks using our carnival submission form. Past posts and future hosts can be found on our Festival of Stocks index page for those of you interested in reviewing the archives.

Next week’s Festival of Stocks will be at College Analysts. The hosting schedule is booking up quick for the end of 2008. If you are interested in hosting a future edition of the Festival of Stocks, please visit the schedule to find a free slot. Then contact me with the name of your site, blog URL, email address, and the date your prefer to host.